By Nicholas Vardy Editor’s Note: This week, we asked our readers whether they have allocated any new funds to exchange-traded funds (ETFs) over the past six months.
If you’re not familiar with ETFs, they’re collections of stocks that share a common theme, like sector or index. They’re not actively managed, so they’re less expensive and post better performance than most mutual funds. They can also serve as an excellent tool for diversification.
However, in spite of these benefits, our readers were fairly evenly split between those who had purchased ETFs since February and those who had not.
This is surprising because when we asked in December …read more
